🟢 STMicroelectronics is trading 5.7% up as chip stocks recover from Thursday’s AI-related selloff

STMicroelectronics is trading at $42.19, up 5.66%, as semiconductor stocks rebound after Thursday’s sharp AI-related selloff.

• The iShares Semiconductor ETF jumped nearly 5% premarket, according to Investing.com reporting.
• No clear company-specific catalyst for the November 6 move was found; available evidence points to a sector-led bounce rather than a new company announcement.